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Tampa Bay Flips Streit To Pittsburgh

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Give Steve Yzerman credit. In two moves, the Lightning GM was able to rid himself of Valtteri Filppula, whose contract was a heavy burden for the team, by trading him to the Philadelphia Flyers. He then took the inexplicable return, defenseman Mark Streit, and traded him to the Pittsburgh Penguins, according to ESPN’s Pierre LeBrun. In exchange, Tampa Bay will receive a fourth-round pick from the Penguins, which will recoup the pick they sent to the Flyers in the previous deal. Basically, he took advantage of the fact that Philly and Pittsburgh don’t do business with each other to help his team in a major way by moving out Filppula.

However, Streit is also a big gain for the Penguins. After the rival Washington Capitals added elite puck-moving defenseman Kevin Shattenkirk, the Penguins have now added Streit and Frank Corrado. The Lightning will also retain 50% of Streit’s remaining salary (Philadelphia held on to 4.7% of his original contract), helping the Penguins to fit him on to the roster.

Flyers Trade Mark Streit To Lightning For Valtteri Filppula

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The Tampa Bay Lightning have acquired veteran defenseman Mark Streit from the Philadelphia Flyers in exchange for another veteran, center Valtteri Filppula. Streit is an impending free agent, while Filppula has another year remaining at $5MM and had to accept this trade to Philadelphia. The Lightning will also send a 2017 fourth-round pick and conditional 2017 seventh-round pick to Philly. The Flyers will retain 4.7% of Streit’s contract.

The trade is really centered around Tampa Bay’s salary cap crunch and Expansion Draft scenario. Filppula’s No-Movement Clause made him automatically protected in the draft, which put pressure on both Tampa’s expansion decisions and 2017-18 payroll. By moving Filppula and the final year of his five-year, $5MM contract, the Lightning have had many of those issues alleviated. Rather than choosing who they wanted to leave exposed or which restricted free agent they couldn’t sign, Yzerman will now have more flexibility in his maneuvers.

However, there is certainly a trade-0ff in talent. Filppula is still an effective NHL contributor, with 34 points this season, and joins a talented group of forwards in Philadelphia who may be in need of a strong veteran presence to turn their season around or, at least, to help them get back into shape next season. The Flyers had the cap space and expansion situation to acquire Filppula, and were one of the few teams who could, which explains why the cheap price of 39-year-old Streit was enough to get the deal done and why Tampa sent over draft picks as well. Streit is still a good puck-mover, but his production has dropped off significantly. The Lightning are outside of the playoffs right now, and Streit won’t hurt their chances, but trading away Ben Bishop, Brian Boyle, and now Filppula shows that the postseason is not the primary focus of the team right now.

Tampa Bay, Florida Swap AHL Goaltenders

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Chris Johnston of Sportsnet reports that the Tampa Bay Lightning have traded Adam Wilcox to Florida for Mike McKenna. Both goaltenders are playing in the AHL at the moment, though McKenna does have some NHL experience over his lengthy professional career.

McKenna was drafted way back in 2002 by the Nashville Predators, and has bounced around the minor leagues for over a decade. He has been excellent, average and bad at different times, with the most recent stint with Springfield being closer to the lower end of that scale. The 33-year old has a .907 save percentage this season.

Wilcox on the other hand is just 24 but has had a tough time adjusting to the AHL since starring at the University of Minnesota. At a .895 save percentage this season, Syracuse needed an improvement for their upcoming playoff run. Despite their bad goaltending—Kristers Gudlevskis also has a sub-.900 save percentage this season—the Crunch are in first place in the North Division and expect another playoff appearance.

Trade Candidates: Valtteri Filppula

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With the trade deadline now just days away, we’re wrapping up our profiles of several players whose names are still on the trade block and are likely to be dealt by March 1st.

The Tampa Bay Lightning have been busy, dealing Ben Bishop to Los Angeles, and Brian Boyle to Toronto. Another couple names keep popping up and one of those is center Valtteri Filppula, a player who can offer a playoff team depth down the middle.

Contract

Filppula signed with the Bolts before the 2013-14 season, a five-year, $25MM deal. With two years left on that deal, Filppula and the Lightning have a chance to help one another. The deal includes a no-trade clause which Filppula would have to waive, but should it be to the right team, general manager Steve Yzerman could make a deal to ease the financial strain on his team.

2016-17

Filppula is a defty centerman, known for creating plays and less for scoring goals. He’s only had two 20-goal seasons–once in Detroit and Tampa Bay. But he creates offense and is responsible in his own end, making him a valuable player come playoff time. This season, Filppula has already eclipsed his point total for last year, recording 34 in 59 games this year. He’s currently fifth on the team in points, and valuable in the faceoff circle.

Season Stats

59 GP: 7 goals, 27 assists, 34 points, +1 rating, 17:30 ATOI

January 17, 2017; Anaheim, CA, USA; Tampa Bay Lightning center Valtteri Filppula (51) moves into position against the Anaheim Ducks during the second period at Honda Center. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports

Suitors

It’s going to take some creativity on Yzerman’s part to make this trade happen. Less than 24 hours from the deadline, Filppula’s name has been tagged in a number of scenarios, with Bob McKenzie tweeting that of the 13 teams listed on his no trade clause. It makes McKenzie’s tweet that much more interesting since one of the blocked teams could potentially work it out. The Florida Panthers, who have surged lately, could absorb the hit for another season and it would provide more depth. The Toronto Maple Leafs would be another option, reuniting Filppula with Mike Babcock, who he was a Stanley Cup with in 2008. Filppula’s playoff experience, and strong performances during those playoff runs, would make him valuable to a team looking to get that necessary bump in depth. If Tampa is willing to absorb even a little bit of salary, the Edmonton Oilers, or the Nashville Predators could be destinations. Even the New York Islanders, who are knocking on the door, could swing a deal with the right financial plan. The Oilers look less likely, however, after swinging a deal to acquire David Desharnais.

Likelihood Of A Trade

The challenge for Yzerman is getting Filppula to waive his no-trade as well as massaging a deal that doesn’t financially cripple a team. Retaining only half of the deal for an extra season would help, but still require more work as Yzerman has a number of moves to make in the offseason. Shedding the contract would be helpful for Yzerman and the Bolts while Filppula would help a team during a playoff run.

Deadline Notes: Rangers, Red Wings, Coyotes

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The New York Rangers missed out on Kevin Shattenkirk last night when he went to their division rival—and opponent tonight—the Washington Capitals. The team has been rumored to be after a right handed defenseman and may be in even more dire straits as Dan Girardi is out tonight following an ankle injury. Dan Rosen of NHL.com reports that with him out and Kevin Klein still dealing with a back injury, the Rangers are down to just five healthy defensemen with the team. They’ll bring up Steve Kampfer for tonight’s game, but may need a more permanent solution.

While the Rangers may not have acquired Shattenkirk, they have been linked to Brendan Smith of the Detroit Red Wings and could look within their division for a player like Kyle Quincey. Though neither bring the level of play the new Capitals’ defenseman does, both could help provide depth as they get healthy.

  • Bob McKenzie of TSN mentioned Smith today on Twitter, saying that it is decision day for the Red Wings. If they do want to extend him, McKenzie believes it would take at least three years at $3.5MM. The Wings recently extended Nick Jensen for two more seasons and have said they want to do the same with Smith. If they can’t get it done today though, they should seriously consider moving him and trying to bring him back in the summer. That team needs as many assets as possible going forward, and with the defense market getting pretty thin, they might do quite well.
  • Craig Morgan of Arizona Sports writes that though Shane Doan is still available, he is unlikely to move before the deadline. According to Morgan, teams only view him as a 13th or 14th forward, instead of the capable winger he still believes himself to be. While obviously anything can change in the next 28 hours, perhaps he will finish his career with the franchise (but not team) that drafted him.
  • McKenzie also mentions that the Tampa Bay Lightning have likely approached Valtteri Filppula and asked to waive his no-trade clause. Filppula poses a real problem for the Lightning both with their cap crunch and expansion draft plans.

Toronto Maple Leafs Acquire Brian Boyle From Tampa Bay Lightning

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<a rel=The Tampa Bay Lightning have traded Brian Boyle to the Toronto Maple Leafs. The Leafs will send back a 2017 second-round pick and minor league forward Byron Froese. The pick will be the better of the three second-round picks the Maple Leafs currently own—the middle one of which is owed to the Ducks for Frederik Andersen, who then promised it to Dallas for Patrick Eaves. The deal gives the Maple Leafs a much needed fourth line center as they have had underwhelming performances from both Ben Smith and Frederik Gauthier.

When the Lightning called up two players and claimed another today off waivers, rumors flew about the possibility of the team shipping out another player. Steve Yzerman admitted that they brought the bodies up just in case something happened because they still wanted to ice a competitive lineup tonight against the Ottawa Senators.

Boyle, 32, is exactly what Mike Babcock has wanted from his fourth line center, capable of playing on the penalty kill while winning faceoffs and being a big body—Boyle is 6’6″, 240 lbs at a conservative estimate. He also brings the most playoff experience available on the open market, playing in 95 postseason games since 2012 more than every other skater other than Carl Hagelin (h/t Vin Masi of ESPN).

The Maple Leafs, currently in the final playoff position in the Eastern Conference but just five points out of first place in the Atlantic Division are embroiled in a battle for the rest of the season that many of their players have never experienced. Even the old guard like Tyler Bozak and James van Riemsdyk have only played in a single series with the team (though van Riemsdyk played in the playoffs as a youngster for the Philadelphia Flyers).

Boyle is on an expiring contract and will cost the Maple Leafs just $466,667 in cap space according to CapFriendly, assuming that the Lightning don’t retain any salary. Because of the LTIR situation of the team, the Leafs could spend a lot more at the deadline this season and to try and force their way into the East picture. According to John Shannon of Sportsnet, the teams have not (and may not plan to) discussed any possible extension.

Bob McKenzie of TSN was the first to break news that the two were finalizing a deal. 

Photo courtesy of USA Today Sports Images

Steve Yzerman Explains Ben Bishop Trade

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Yesterday a shockwave went through the NHL world when the Tampa Bay Lightning decided to trade pending free agent netminder Ben Bishop to the Los Angeles Kings. Almost no one understood it at the time, as the Kings had just gotten Jonathan Quick back from injured reserve and looked set in net. Lightning GM Steve Yzerman met with the media today and explained a few things about the trade and where his franchise goes from here (video link via TSN).

I did talk to a team in the league about [Bishop] prior to the draft last year, but for whatever reason that didn’t come to fruition.

The biggest reason to make the move now, ultimately is that we’re concerned with the salary cap for next year. With what we have in some performance bonuses for our younger players we felt we’re going to be squeezed next year with the cap. We felt the need to do this right now to give ourselves as much cap space [as possible] for next year.

It’s true, the Lightning do have bonuses that will kick in this season and should they not have the cap room to pay them, would be penalized next season. By trading Bishop they have opened up a good amount in order to not have any carry over to next year, when they’ll have to re-sign Jonathan Drouin, Ondrej Palat and Tyler Johnson among others.

While it had been speculated that as many as five teams could have had interest in Bishop to help them down the stretch and into the playoffs, Yzerman relates that the appetite wasn’t quite so ravenous around the league.

When I decided to get the deal done yesterday, that was the deal that made the most sense and to be honest with you was the only option I had. My options were to make this deal with LA or to sit tight and go through with the season.

If that’s true and there was no interest from anywhere else in the league, then Yzerman did well to clear the cap space and at least receive a prospect in the form of Erik Cernak. While Bishop would have undoubtedly helped the Lightning in their playoff push—one that he assures is still the goal of the team this season—the cost of the bonus penalties on the squad going forward would have been far greater than his impact. In getting Budaj in return, he at least addressed the issue of insurance for a Andrei Vasilevskiy injury should the team make it to the post-season.

Yzerman also spoke about Steven Stamkos and his potential return this year. Stamkos has been out November 15th and has recently begun skating again on his own. Yzerman admits that it’s not a guarantee, but that he’s progressing well. A healthy Stamkos would definitely give the team a boost as they sit just six points out of a playoff spot in the Eastern Conference.

Greg McKegg, Zac Dalpe Claimed Off Waivers

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According to Pierre LeBrun of ESPN, the Tampa Bay Lightning have claimed Greg McKegg off waivers from the Florida Panthers, and the Columbus Blue Jackets claimed Zac Dalpe from the Minnesota Wild. Both Ryan Carter and Teemu Pulkkinen cleared today.

McKegg will join a crowded group in Tampa Bay after the team called up both Adam Erne and Yanni Gourde this morning as well. The former third-round pick may be another option for the team should the decide to trade any forwards before Wednesday’s trade deadline. Though he hasn’t found much success at the NHL level thus far in his career, he does provide some center depth for a team that has an expiring contract in Brian Boyle likely on the market.

Minnesota had been trying to slip Dalpe through waivers to reset his clock before the Wednesday trade deadline according to Michael Russo of the Star Tribune, but will now have to give him up to the Columbus Blue Jackets who are dealing with some injuries up front and could use some help. The former Carolina Hurricanes second-round pick has bounced around the AHL ranks throughout his career and will hope for an extended look at the NHL level with his new team.

As Russo points out, the Wild are willing to trade Pulkkinen after he cleared waivers, and a team could immediately install the elite AHL scorer into their minor league system. Should they find a taker, he’ll likely not command a big price after the Wild acquired him off waivers from the Red Wings earlier this seaosn.

Minor Transactions: 02/27/17

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It’s trade deadline week folks, and the NHL is abuzz with rumors and transactions. Last night we saw two huge deals go down, and today there may be more. For now, we’ll keep an eye on all the minor transactions around the league.

Lightning Trade Ben Bishop To Kings

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Superstar goalie and impending free agent Ben Bishop has been traded by the Tampa Lightning to the Los Angeles Kings. TSN’s Bob McKenzie was the first to break the news. The return for Tampa is confirmed to be 2016-17 surprise Peter Budaj, 2015 second-round defenseman Erik Cernak, a 2017 seventh-round pick, and another conditional 2017 pick. Details of the conditional pick are complicated, but in essence there is no pick if the Kings miss the playoffs and can go as high as a second-rounder depending on L.A.’s postseason success and Bishop’s play.

If this trade confuses you, you’re not alone, as it is officially the biggest surprise of the 2017 NHL Trade Deadline to date and will be tough to beat. The Kings just got back starter Jonathan Quick last night, after he had missed all but one game this season with injury. This is the same Quick that led the team to Stanley Cup championships in 2012 and 2014 and has a career 2.26 goals against average, a Conn Smythe, a Jennings, and an All-Star appearance. In his return, Quick allowed just  one goal on 33 shots against the rival Anaheim Ducks and looked like he was fully healthy and ready to lead the Kings back into a playoff spot. So is Bishop an insurance policy for the stretch run? It’s possible. Bishop is an impending unrestricted free agent at the end of the season and would be, without question, the top goaltender on the open market. As far as deadline deals go, the Kings did not give up that much either. As good as Budaj has been, the 34-year-old was not in L.A.’s long-term plans. Cernak is a solid defensive prospect, playing for the OHL’s Erie Otters, who has a smart, responsible defensive style, but Cernak also lacks much offensive punch and was the King’s third or fourth-best defensive prospect at best.

The truly strange situation is that the Kings are currently fifth in the Pacific Division and sitting outside of a playoff spot and if they are going to get in, need scoring and not better goaltending. Budaj has been stellar and Quick is finally healthy. So why give up anything for Bishop when you may not even make the playoffs. It seems like Los Angeles could possibly have future plans for Bishop then. So does that mean Quick is on the trade block? Bishop’s career numbers are slightly superior to Quick’s, but Quick is the established goalie in Los Angeles and is signed long-term with a decent $5.8MM cap hit until 2022-23. Bishop would more than likely command a greater salary than that on the open market. So what’s the next move for GM Dean Lombardi and the L.A. Kings.

Meanwhile, the Lightning have received a solid backup to Andrei Vasilevskiy for the remainder of the season and possibly beyond, a young defenseman (which they are in need of), and some picks for a player they were willing to let walk in free agency. While many will debate this trade from the Kings side for the next month plus, GM Steve Yzerman can rest easy that he got something for nothing at this deadline in a time where Tampa Bay needs any good news they can get.

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